Kenyans living and working abroad sent home a record $4.94 billion (Sh640.75 billion) in the year ended December 2024, marking 18 percent growth that shattered the Central Bank of Kenya (CBK) estimates.
CBK data shows the growth was from $4.18 billion (Sh542.89 billion) inflows in the previous year, with December 2024 crowning the record performance with all-time monthly remittances of $445.4 million (Sh57.1 billion).
